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New Lenox 60451
148 Elm Street
$127,500
● House - Off Market

148 Elm Street

NEW LENOX, IL 60451
bedrooms
2 Beds
bathrooms
1 Bath
$232,601
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Charming 2 bedroom Bungalow in the center of town.  Within minutes of train station. Recent upgrades include: Vinyl siding, blacktop drive, front door, garden window in kitchen and bow window in living room, cedar fenced back yard, garage door. All within the last ten years. Furnace and ac 2010. Bathroom totally remodeled 2015. Full basement. Great location. Needs some TLC but the expensive things are done.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #09179247)

Price History

Date / Event Date Event Price
Jul 6, 2016 Sold
Premium
Sold
Mar 30, 2016 Listed by Coldwell Banker Real Estate Group $137,500
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,677
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKWOOD PARK
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 172 IN BROOKWOOD PARK, A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC 15, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881105

Geography

  • Parcel: 15-08-15-306-013
  • Lot: 172
  • Meridian: SEC 15 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5169
  • Longitude: -87.9636

    Address

  • Full Address: 148 Elm St
  • Address - House Number: 148
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C006
  • 4-Digit Zip Code: 1466
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,890
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 263,497
  • High Value: 304,411
  • Low Value: 222,583

    Market Valuation

  • Market Total Value: $206,922
  • Market Land Value: $67,188
  • Market Improvement Value: $139,734

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,974
  • Assessed Land Value: $22,396
  • Assessed Improvements Value: $46,578

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018045632
  • Previous Sale Recording Date: Jul 30, 2016
  • Previous Sale Contract Date: Jun 06, 2016
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About New Lenox

Stats & Trends

Median Asking:

$442,404

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2169 ft²

Average Home Age

31.9 years

Currently For Sale

49 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 110 Town Crest Place, New Lenox, IL, 60451

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
110 Town Crest Place #A, New Lenox, IL, 60451 Listing by Steven Kuyawa

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sharon Ahrweiler, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09179247
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 148 Elm Street built and last sold?
The property at 148 Elm Street was built in and last sold on Jun 29, 2018 for $180,000.
How much is this home worth?
The estimated value of the home located at 148 Elm Street is $0.
What are some comparable homes to 148 Elm Street?
There are currently no comparable homes to 148 Elm Street.
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